| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9.6B | $10.2B | $8.7B | -5.5% | 11.0% |
| Op. Income | $1.0B | $942M | $1.2B | 10.1% | -11.2% |
| Gross Margin | 57.4% | 53.5% | 56.2% | 3.9pp | 1.2pp |
| Net Margin | 7.3% | 3.8% | 5.5% | 3.4pp | 1.7pp |
| EPS (Diluted) | $0.79 | $0.43 | $0.56 | 83.7% | 41.1% |
| Free Cash Flow | $171M | $319M | -$904M | -46.4% | 118.9% |
| Item | Amount |
|---|---|
| REVENUE | $9.6B |
| Cost of Revenue | $4.1B |
| GROSS PROFIT | $5.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3.0B |
| SG&A Expenses | $3.0B |
| Other Expenses | $1.5B |
| Operating Expenses | $4.5B |
| Cost & Expenses | $8.6B |
| OPERATING INCOME | $1.0B |
| Interest Income | $7M |
| Interest Expense | $439M |
| Other Income/Expenses | -$430M |
| INCOME BEFORE TAX | $607M |
| Income Tax Expense | -$91M |
| Net Income from Continuing Ops | $698M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $698M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $684M |
| D&A | $1.6B |
| EBIT | $1.0B |
| EBITDA | $2.6B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $9.6B |
| Cost of Revenue | $4.1B |
| GROSS PROFIT | $5.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3.0B |
| SG&A Expenses | $3.0B |
| Other Expenses | $1.5B |
| Operating Expenses | $4.5B |
| Cost & Expenses | $8.6B |
| OPERATING INCOME | $1.0B |
| Interest Income | $7M |
| Interest Expense | $439M |
| Other Income/Expenses | -$430M |
| INCOME BEFORE TAX | $607M |
| Income Tax Expense | -$91M |
| Net Income from Continuing Ops | $698M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $698M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $684M |
| D&A | $1.6B |
| EBIT | $1.0B |
| EBITDA | $2.6B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $698M |
| Depreciation & Amortization | $1.6B |
| Stock-Based Compensation | $67M |
| Deferred Income Tax | -$97M |
| Other Non-Cash Items | $1.3B |
| Change in Working Capital | -$1.8B |
| OPERATING CASH FLOW | $1.7B |
| Capital Expenditure | -$1.5B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$8M |
| NET CASH FROM INVESTING | -$1.6B |
| Net Debt Issuance | $1.9B |
| Common Stock Repurchased | -$92M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $19M |
| NET CASH FROM FINANCING | $1.8B |
| FREE CASH FLOW | $171M |
| Net Change in Cash | $2.0B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7.5B |
| Short-Term Investments | $0 |
| Net Receivables | $3.8B |
| Inventory | $1.0B |
| Other Current Assets | $1.4B |
| TOTAL CURRENT ASSETS | $15.9B |
| PP&E (Net) | $21.2B |
| Goodwill | $1.7B |
| Intangible Assets | $27.5B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.7B |
| TOTAL NON-CURRENT ASSETS | $52.1B |
| TOTAL ASSETS | $68.0B |
| Account Payables | $6.2B |
| Short-Term Debt | $7.5B |
| Deferred Revenue | $934M |
| Other Current Liabilities | $393M |
| TOTAL CURRENT LIABILITIES | $15.3B |
| Long-Term Debt | $13.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $4.8B |
| Other Non-Current Liabilities | $13.2B |
| TOTAL NON-CURRENT LIABILITIES | $33.8B |
| TOTAL LIABILITIES | $49.1B |
| Common Stock | $0 |
| Additional Paid-In Capital | $38.9B |
| Retained Earnings | -$19.9B |
| Treasury Stock | -$4M |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $19.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $19.0B |
| TOTAL LIABILITIES & EQUITY | $68.0B |
| Total Debt | $23.3B |
| Net Debt | $15.8B |
